The Panic Pandemic
Authored by John Tierney via City-Journal.com,
Fearmongering from journalists, scientists, and politicians did more harm than the virus...
The United States suffered through two lethal waves of contagion in the past year and a half. The first was a viral pandemic that killed about one in 500 Americans—typically, a person over 75 suffering from other serious…
Hint: It won’t be a thing of beauty. But investors may snatch it up. By David Enna, Tipswatch.com The U.S. Treasury on Thursday will offer $16 billion in a new 10-year Treasury Inflation-Protected Security, CUSIP 91282CCM1. The coupon rate and … Continue reading →
"Everything Will Go To Zero" - Macquarie Strategist Envisions Era Of Tech-Driven Deflation
With the latest CPI numbers stoking interest in the "transitory" vs. "not-so-transitory" inflation debate, it's perhaps fitting that the latest MacroVoices interview featured Macquarie global equities strategist Viktor Shvets, who explained why he believes the world is entering a new era where…
"It's Not A Conspiracy"
Authored by James Rickards via DailyReckoning.com,
Philosophers and analysts use a principle called Occam’s Razor (sometimes Ockham’s Razor) to solve difficult problems. It says that when you are confronted with two possible solutions to a problem, one complicated and one simple, it’s usually better to select the simple solution.
There’s always some…
Gundlach Warns Dollar Is "Doomed", Stocks Are At "Nosebleed" Levels
It has been a while since DoubleLine Founder Jeffrey Gundlach sat for a lengthy interview with CNBC's Scott Wapner, aka "the Judge", during the network's "Halftime Report". Gundlach has at times clashed with various CNBC personalities, but his interviews draw a large audience thanks to his status as one of the…
"Fear" Nears 2020 Highs As Stocks, Bond Yields, & Crude Crash
After having the boot of fiscal and monetary repression firmly placed on the throat of uncertainty for months (if not years), today was a refreshing slap in the face for many 'experienced' traders who have been buying with both hands and feet since last March's stimmies arrived as possibilities of an imminent taper and…
By David Enna, Tipswatch.com The U.S. Treasury’s auction today of $16 billion in a new 10-year Treasury Inflation-Protected Security resulted in a real yield to maturity of -1.016%, the lowest in history for any TIPS auction with a 9- to … Continue reading →
You don’t seriously think I have answers, right? Just some ideas. By David Enna, Tipswatch.com What the heck was I thinking? A couple weeks ago, I started on a trek to review Federal Reserve actions and bond market reactions for … Continue reading →
By David Enna, Tipswatch.com This article is the eighth in a series looking at how my three favorite bond funds — Vanguard Short-Term Inflation Protected (VTIP), Schwab U.S. TIPS (SCHP) and Vanguard’s Total Bond (BND) — performed after 2013, when … Continue reading →
(And here’s the esoteric and confusing way that is calculated) By David Enna, Tipswatch.com Inflation trends through June 2021 make it look likely that next year’s cost-of-living adjustment for Social Security beneficiaries could fall into a range of 5.8% to … Continue reading →
Here's Why America's Labor-Shortage Will Drive Inflation Higher
Authored by Charles Hugh Smith via OfTwoMinds blog,
Great swaths of the American workforce are already on strike or slipping away from the dead-end treadmill.
America's labor shortage is complex and doesn't lend itself to the simplistic expectations favored by media talking heads. The Wall Street cheerleaders extol the…